Federal Reserve Raises 2020 Payment Services Fees By 2.4 Pct.
PYMNTS
DECEMBER 2, 2019
percent higher than 2019, the Fed announced in a press release on Wednesday (Nov. percent for FedLine customers. Fees will stay the same as 2019 for the FedACH service, National Settlement Service and Fedwire Securities Service. million from the 2019 PSAF of $17.8 percent of the costs of providing priced services in 2019.
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